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2023 Mitsubishi Triton coming after the Ford Ranger overseas

The next-generation Mitsubishi Triton is coming soon to a trail near you — assuming you live outside of the United States. Known as the L200 in some global markets, the truck was shaped by a new, more rugged-looking design language that Mitsubishi calls "Beast Mode." Dark preview images published by the Japanese brand depict a pickup that has been reinvented from the ground up. While the current Triton features rather unusual proportions characterized by a slanted shut line and a super-sized rear overhang, its successor looks a little more conventional, though we'll make the final call when we see it in the metal. We spot a tall, upright front end with LED accents that Mitsubishi describes as "resembling the sharp gaze of a hawk" and a rectangular grille with both "Mitsubishi" lettering and the company's emblem. 2023 Mitsubishi Triton View 4 Photos We're curious to find out what's under the sheet metal. Mitsubishi recently expanded its European range with badge-engineered Renault models, such as the Clio-based Colt. Nothing suggests that the Triton is a badge-engineered version of another truck, and the current-generation Nissan Navara (which is unrelated to our Frontier) is likely too old to provide its platform. Could it be the other way around? Mitsubishi is part of the Renault-Nissan alliance, and the group strives to achieve economies of scale, so the Triton could also preview the next Navara. Of course, this is pure speculation. Nothing is official at this stage, and Mitsubishi isn't ready to release technical details. It hasn't published images of the interior yet, but a preview video embedded above suggests that upmarket models will receive a free-standing touchscreen for the infotainment system and a dial to select one of the transfer case's different options. Broadly speaking, we're expecting that the next Triton will offer a more SUV-like interior to reflect the fact that, even outside of America, buyers are increasingly using pickups as daily drivers. Mitsubishi will unveil the next-generation Triton in Thailand, where the model will be built, on July 26. The truck will be sold in a long list of nations, including several countries in Latin America and in the Middle East, but it doesn't sound like it will be offered in the United States. Elsewhere, the Triton will compete in an increasingly crowded ring against the Ford Ranger, the Volkswagen Amarok, and the Toyota Hilux. Related Video: This content is hosted by a third party.

2015 Mitsubishi Outlander Sport recalled for leaky transmission

The Basics: Mitsubishi Motors is recalling 45,731 Outlander Sport crossovers from model year 2015. Built between June 25, 2014 and November 25, 2015, the affected vehicles use the base 2.0-liter four-cylinder engine and continuously variable transmissions. The Problem: A clamp on the CVT hose may have been installed incorrectly. If the hose comes off, transmission fluid can leak out. While the transmission will start acting up – and eventually grind to a halt – the bigger concern is what happens if the transmission fluid comes into contact with hot surfaces: fire. Injuries/Deaths: Thankfully, it doesn't sound any owners have crashed, caught fire, or been injured or killed due to loss of transmission fluid. Mitsubishi didn't list injuries or fatalities in its recall paperwork with NHTSA, but the chronology only describes "warranty claims," which sounds like the vehicles never caught fire. The Fix: Dealers will inspect the hose clamps on all 45,000 Outlander Sports and reinstall them if there's a problem. Repairs are free of charge. If you own one: Since NHTSA's bulletin doesn't advise owners on whether they should or shouldn't drive their vehicles, we recommend looking for leaks and checking your transmission fluid level as soon as possible. If it's low or leaking, you probably shouldn't drive. Featured Gallery 2015 Mitsubishi Outlander Sport View 9 Photos News Source: NHTSAImage Credit: Mitsubishi Recalls Mitsubishi Crossover Economy Cars

Subprime financing on the rise in new car sales, leasing too

We all remember the financial crisis that began several years back. At its core was a splurge of subprime lending for housing loans. The housing bubble burst, triggering a collapse of the mortgage-backed securities market. Apparently, those types of loans still exist in the automotive industry, and the market share for these types of "nonprime, subprime, and deep subprime," loans has grown 13.6 percent compared to the third quarter a year ago.
According to an Automotive News report, high-risk lending expanded to 24.8 percent of total loans in Q3, up from 21.9 percent for this time last year. As this level increased, average credit scores of borrowers dropped to 755, down from 763 a year ago. In that time, the average financing amount increased $90 per vehicle, to $25,963.
At 818, Volvo maintains the highest per-owner credit score, while Mitsubishi has the lowest, at 694. The highest rate of borrowers was at Toyota, with 14 percent of the market, followed by Ford with 13.1 percent and Chevrolet at 11.1.